\begin{tabular}{lcccc} \hline
 & (1) & (2) & (3) & (4) \\
 & Share of coca cultivation over 1 & Share of coca cultivation over 1 & Share of coca cultivation over 1 & Share of coca cultivation over 1 \\
VARIABLES & 000 hectares: Protected area & 000 hectares: Non-Protected area & 000 hectares: Protected area & 000 hectares: Non-Protected area \\ \hline
 &  &  &  &  \\
Suitability × Announcement & 0.06*** & 0.29*** &  &  \\
 & (0.02) & (0.10) &  &  \\
Probability of substitution × Announcement &  &  & 6.65*** & 19.84*** \\
 &  &  & (1.91) & (4.78) \\
 &  &  &  &  \\
Observations & 8,736 & 8,736 & 8,736 & 8,736 \\
R-squared & 0.805 & 0.712 & 0.309 & 0.345 \\
Municipality FE & Yes & Yes & Yes & Yes \\
Year FE & Yes & Yes & Yes & Yes \\
Dept-Year FE & Yes & Yes & Yes & Yes \\
Municipalities & 1092 & 1092 & 1092 & 1092 \\
Mean DV & 0.0830 & 0.191 & 0.0830 & 0.191 \\
SD DV & 0.696 & 0.928 & 0.696 & 0.928 \\
Number of muni\_code &  &  & 1,092 & 1,092 \\
 Boot SE &  &  & 2.053 & 5.126 \\ \hline
\multicolumn{5}{c}{ Robust standard errors in parentheses} \\
\multicolumn{5}{c}{ *** p$<$0.01, ** p$<$0.05, * p$<$0.1} \\
\end{tabular}
